Treasury Says Banking Not “Financial Services”, Handing ~$2.5B Windfall to Banks

via splinternews: This piece is co-published with investigative reporting outlet Capital & Main. Do “financial services” include banking? Not according to the Trump administration, whose new rule, issued Wednesday by the Treasury Department, argues there is a difference — and then cites the alleged difference as a means of extending lucrative tax breaks to the banking industry. … Read more

The Online ANTIFA

It’s ok to SILENCE and BEAT conservatives While believing that they’re the “good guys”…pretty deluded i say…   Democrats think the internet should be free and open…. unless you disagree with them.     h/t FuzzieMuff

Keiser Report: Emerging & Declining Superpowers

via Keiser Report In this Summer Solution episode of the Keiser Report, Max and Stacy contrast the situation with China, a perhaps emerging superpower, to the United States, a possibly declining superpower. As the US grew powerful as an empire of debt, extracting resources and equity from economies colonized by their debt rather than their … Read more

The looming threat of a yuan depreciation

via George Magnus A Sino-American trade war could trigger a currency shock in Asian markets When the Asian financial crisis occurred 20 years ago, many nations in East and Southeast Asia succumbed because they were following inconsistent domestic and international economic and financial policies. But one trigger was the 50% fall in the Japanese yen against … Read more

Amazon HQ2? Mysterious ‘Project Rocket’ Takes Another Step Forward Outside Atlanta

by stockboardasset A mysterious economic development project proposed for a commercial site outside Atlanta, which has been rumored to be tied with Amazon, has taken another step forward towards reality Tuesday night. The Atlanta Journal-Constitution reports Gwinnett County planning commissioners unanimously voted to recommend approval of the special-use permit necessary for the code-named “Project Rocket,” a massive (and … Read more

Stocks could plummet 20 to 30 percent next year in biggest drop since financial crisis: Ned Davis Research

via @stephlandsman The bulls may be treading water. According to Ned Davis Research’s Ed Clissold, there’s a high probability a record year-end rally will give way to a painful 2019. “You could be looking at the first 20 percent-plus decline in the S&P since the financial crisis,” the firm’s chief U.S. strategist said Tuesday on CNBC’s … Read more

Rep. Chris Collins arrested by the FBI on insider trading charges and lying to the FBI

via wgrz: BUFFALO, NY– Congressman Chris Collins is facing insider trading charges and was arrested by the FBI Wednesday morning. He is also accused of lying to FBI. Collins, along with his son Cameron Collins and Stephen Zarsky, the father of Cameron Collin’s fiancee, are being processed by the FBI in Manhattan. An ethics investigation was … Read more

Trump Decision On Mueller Interview Imminent!

Trump legal team plans to respond today to special counsel Robert Mueller about possible interview with Pres. Trump, Rudy Giuliani tells @ABC News — John Santucci (@Santucci) August 8, 2018 Another source: Washington (CNN)Rudy Giuliani said Wednesday that President Donald Trump’s legal team has responded to the special counsel, the latest effort in ongoing negotiations … Read more

Institutionalizing Intolerance: Bullies Win, Freedom Suffers When We Can’t Agree to Disagree

by John W. Whitehead “Whoever would overthrow the liberty of a nation must begin by subduing the freeness of speech.” ― Benjamin Franklin What a mess. As America has become ever more polarized, and those polarized factions have become more militant and less inclined to listen to—or even allow for the existence of—other viewpoints, we are … Read more

Ramzpaul And James Allsup On The Free Speech Crisis

by Yojimbo, TBP https://youtu.be/bSBVTeYZHLk This is a brilliant short summary to the problem by RamzPaul. Even though Infowars did not play identity politics and distanced themselves from the Alt-Right, they were shut down because they supported Trump on a well-known platform. This means absolutely anyone to the right of them could be shut down as well … Read more

Australia Adopts Presumption of Guilt Denying Any Presumption of Innocence Rejecting All Principles of a Free Society

by Martin Armstrong   Australia is really rejecting all the basic tenets of civilization and is moving ever closer and closer to simply an authoritarian government. Australia is rejecting the foundation of a FREE SOCIETY by rejecting the presumption of innocence and assuming you are just guilty while shifting the burden to you to prove you are innocent. Australia has … Read more

Democrats Are All About Silencing Their Opponents, Not Out-Arguing Them. They Are Becoming ‘Too Elitist.’

Survival of our democracy’ depends on banning sites like InfoWars, Dem senator says. And also about establishing precedents for Trump, who they’ve been warning is Hitler, in case he decides to actually act like Hitler. Though to be honest, I don’t know why Trump would want to shut them up when they’re acting this crazy.   … Read more

World Population Growth Visualized (1950-2100)

by visualcapitalist In any large set of data, there are bound to be some interesting outliers. Today’s data visualization comes to us from Reddit user /r/mythicquale and it shows the population growth of every country using data and projections from the United Nations population division. The graph is on a logarithmic scale, which ultimately groups together most growth … Read more

Bankrupt America: Bankruptcy Soars As The Country Grapples With An Unprecedented Debt Problem

by Michael Snyder America, you officially have a debt problem, and I am not just talking about the national debt.  Consumer bankruptcies are surging, corporate debt has doubled since the last financial crisis, state and local government debt loads have never been higher, and the federal government has been adding more than a trillion dollars a … Read more

PA Dems Offer STEELERS Memorabilia For Voter Registration — Or To Switch Parties!

UNIONTOWN, Pa. (AP) – The Pennsylvania Republican Party wants an investigation into a promotion by Fayette County Democrats at the recent county fair to get people to register as Democrats or change party affiliation. The GOP says the offer of Pittsburgh Steelers memorabilia and a one-night stay at a western Pennsylvania resort violated the state … Read more

Historic Government Spending Spree Underway

via nextgov: A combination of factors will see federal agencies trying to spend as much as 40 percent of their budgets in the final two months of the fiscal year. A government spending spree of potentially historic proportions will play out over the final seven weeks of fiscal 2018, as federal agencies look to spend $140 … Read more